On the eve of a House Government Reform Committee hearing on Postal Service performance, executives of three airfreight carriers announced that their companies will step up opposition to an unprecedented agreement between the U.S. Postal Service and Federal Express.
Read MoreThe future has arrived at the air express industry and it’s come packaged in a box. In sorting hubs around the United States, the express operators that built businesses by getting premium prices to ship letters and documents overnight in standardized envelopes are seeing growth in that lucrative trade crumble under the weight of electronic communications. In a world becoming accustomed to the instant transfer of material anywhere, overnight delivery doesn’t look so fast anymore and the express carriers are adjusting in ways that promise to have an impact across a world of companies that delivery goods by air.
Read MoreThe battle for the lucrative US air-express market is attracting giant
foreign
competitors with government backing, notably Deutsche Post’s DHL Airways and
TNT
Post Group’s TNT International Express USA; trade groups lobby for protection
Development of the express market in Russia including market shares and customs problems.
Read MoreEmery Worldwide Airlines (EWA) appears to be losing its legal battle to overturn a decision by the US Postal Service (USPS) to switch over to using FedEx as its main provider of domestic air transport for postal express shipments later this year without putting the business out to competitive tender
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